Advanced Search
MyIDEAS: Login to save this paper or follow this series

Horizontal price transmission of the Finnish meat sector with major EU players

Contents:

Author Info

  • Liu, Xing
Registered author(s):

    Abstract

    The integration of the Finnish meat market in the EU has important implications for domestic agricultural policy. Our aim is to estimate the characteristics of the Finnish pork and beef markets in relation to those of Germany and Denmark. Our analysis uses symmetric and asymmetric threshold error correction models. Both pork and beef prices in Finland are found to have slowly cointegrated with German prices, but the cointegration relationship of the two counties is only found to be symmetric for pork prices, while it is asymmetric for beef prices. The producer price for pork in Finland is symmetrically cointegrated with the Danish price, but the Finnish and Danish beef prices show a random walk. This implies that the price transmission to the Finnish pork producer market from the EU market is smoother and more efficient than for the beef market. However, the speed of transmission is still slow compared to that between the Danish and German markets.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://purl.umn.edu/100215
    Download Restriction: no

    Bibliographic Info

    Paper provided by MTT Agrifood Research Finland in its series Discussion Papers with number 100215.

    as in new window
    Length:
    Date of creation: Feb 2011
    Date of revision:
    Handle: RePEc:ags:mttfdp:100215

    Contact details of provider:
    Postal: Latokartanonkaari 9, 00790 Helsinki
    Phone: +358-20-772 004
    Fax: +358-20-772 0403
    Web page: http://www.mtt.fi/english
    More information through EDIRC

    Related research

    Keywords: cointegration; asymmetric; error correction; thresholds; pork and beef prices; Agribusiness; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; International Relations/Trade;

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ags:mttfdp:100215. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.